Job Reference: R0017170
Do you have Commercial Underwriting experience and are looking for a new direction for your career?
Come and work in our Underwriting Governance team here at Markel !
What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.
We have an exciting opportunity for an Underwriting Governance Analyst to join our Underwriting division in Leeds. You’ll be joining a small friendly team who manage all governance and oversight, FCA regulations related issues, wordings and insurance documentation to ensure a consistent approach across all our National Market underwriting. The role will be involved in project related work and liaising/working with our internal underwriting managers.
What you’ll be doing:
Participate in the annual reviews of products and in accordance with the agreed framework, including tracking and ownership of any actions arising through to completion
Complete conduct risk assessments across varying lines of business
Provide conduct support and governance assistance, both internally and to third-party business partners
Undertake analysis of conduct/Product MI in conjunction with the legal and compliance teams
Assist the Governance Manager in ensuring the Independent Expert Review programme is successful, tracking and owning actions arising through to completion
Ownership of DQPro process, monitoring of referrals within authority including escalation where required, review of referrals and efficiencies with ownership of arising actions
Assist in the ongoing management of the Technical Underwriting Guides, internal and external e-trading system amendments and risk acceptance reviews
Support and assist management in providing the UKNM business with governance and technical advice
Support ongoing management and oversight of product distribution documentation
Ensure that for both Open Market and Delegated business that the breach process is robustly followed
Review and support underwriting behaviours to monitor and improve efficiency as appropriate
Support Product Line Leaders to review new opportunities, assessing underwriting viability in conjunction with Technical Pricing Manager, , design and implement underwriting principals including putting in place DUA parameters, processes, UW guidance
Our must haves:
Proven relevant underwriting experience in an underwriting role and demonstrable technical skills
Background and experience in underwriting one of the UKNM classes of business – commercial insurance lines
Experience in handling delegated accounts is desirable but not necessary
Have excellent written and spoken communication skills
Strong report writing skills
Track record in building and developing internal relationships
Good organisational skills
Ability to work independently to strict timelines
Good regulatory knowledge
Demonstrable IT skills including MS Office and our internal systems
Good analytical skills and the ability to interpret MI and KPI’s relevant to account performance
Be studying for/or be willing to study for CII qualifications (we are able to fund this qualification)
Who we are:
Markel Corporation (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
What’s in it for you:
- A great starting salary plus annual bonus & strong benefits package…
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
- Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
- There are countless opportunities to learn new skills and develop in your career and, we can provide the support needed to do just that!
Are you ready to play your part?
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are a Disability Confident Committed employer which means we will you'll have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please let us know.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.